Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, what proportion of pensioners (a) have no private (i) pension and (ii) savings and (b) rely solely on the state pension.

In financial year ending 2024, 30% of UK pensioners received no private pension income. This includes income from occupational pension income and personal pension income.

In financial year ending 2024, 10% of UK pensioners had no savings.

In financial year ending 2024, the percentage of UK pensioners receiving just the State Pension as their income was estimated to be 5%.

Sources: Pensioners’ Incomes (PI) series 2023/24; Households below average income (HBAI) statistics 2023/24.